About your Search

20121201
20121231
Search Results 0 to 13 of about 14 (some duplicates have been removed)
of being latest and biggest city to file for chapter 9 bankruptcy. detroit mayor binge said the city will lay off 400 to 500 workers in the nexx few months. it will take a lot more than that to keep the city from going broke. we're joined by michigan senator rick jones. thanks for joining me, senator, do yoo think if they dot latest layoffs will it satisfy the milestones the city needs in order to get more state aid? >> it is gooddstart and but not enough. we have a city council totally dysfunctional. recently mayor bing asked them to come in, they said we're on holiday. it is unbelievable. melissa: you said they think they deserve a bailout. what makes you think that they feel? >> detroit city councill3 woman came on national tv and said, president obama, we all voted for you. it is time to bring the bacon. bail us out. that's outrage just. that folks think they can just spend money like no tomorrow and expect anybody else to bail them out. my constituents from mid michigan are saying no bailout. they need to fix the city theirselves. melissa: this is something going on all across t
jobs. it's going to work in michigan. >> bill: i have got to ask you about detroit which is a city on the verge of collapse. we think mayor dave bing is a good guy. maybe i'm wrong. i don't follow it that closely. detroit has no money. can't pay its bills. who is going to bail out detroit or is the whole structure going to collapse. >> there is not going to be a bailout of detroit in terms of state resources. as a practical matter what the real issue is is the mayor and the city council need to get on the same page. the mayor has been working hard they haven't been on the same page about resolving issues. they have had months to do it. things haven't gotten done. 30 day review of the finances in detroit lead to other actions taking place after the first of year. >> bill: you have to take them over. look, this has been going on forever. that city is corrupt. it's out of control. can't pay its debts. i don't think the feds are going to come in and rescue it. i mean, maybe they will like new orleans. maybe they will move in federal auditors and run the city. i mean, but you can't keep
one of the best things that could happen to the state of michigan and maybe the city of detroit. if you are a car company and want to do business there because the unions are too strong and thes have to be so high and all of the jumping through hoops. maybe now you can. maybe the next car company will go do business there and bring jobs there. >> gretchen: remember back during the bailout, the unions got the good end of the deal in the bailout. it was privately held dealerships that got the rough deal. >> eric: stock holders and bond holders. >> steve: if you were holding gm stock it went to zero. >> gretchen: unions won in that deal. >> eric: uah w took billions up front. stock holders you know you might lose everything. when you buy a bond you are first in line and they wiped out the bond holders. >> gretchen: and for the state of indiana teachers infact. >> brian: gm bond holders got roll add out. capitalism rules and president obama changed going forward. >> steve: if you are a union member your union will go to bat for you and they went to bat at chrysler. do you remember w
. the president and ceo of citi mortgage joins us next. twins. i dn't see them coming. i have obligations. cute obligation b obligatio. i need to rethink the core of my portfolio. what i really need is eep. introducing the ishares core, budinglos for the heart of your portfolio. find out why 9 out of 10 ilarge professisional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectis, risks, charges and expenses. ad and consider itarefully bere investing. ri includes possible ss of principal. lou: new reports show foreign investment is helping the housing market slowly recover. citimortgage president and ceo sanjiv das joins us here in just moments to discuss that and much more when it comes to housing. in the money line tonight, investors waiting cautiously to see whether washington can work out a deal to avoid the fiscal cliff. stocks rising, well, modestly is a big, strong word for what happened. technology stocks helping the dow up 15 points. the s&p up a fraction, the nasdaq rose nine. trading light. technology stock
actually got a toaster oven when i opened an account with citi in 1978. never did a stitch of business with them. still have the toaster oven. >> you bought trousers and went to -- >> in my dad's oldsmobile. >> which states are likely to feel the most pain if america falls off the cliff? up next, cramer's six stocks in 60 seconds. back in a moment. americans believe they should be in charge of their own future. how they'll live tomorrow. for more than 116 years, ameriprise financial has worked for their clients' futures. helping millions of americans retire on their terms. when they want. where they want. doing what they want. ameriprise. the strength of a leader in retirement planning. the heart of 10,000 advisors working with you one-to-one. together for your future. ♪ wanted to provide better employee benefits while balancing the company's bottom line, their very first word was... [ to the tune of "lullaby and good night" ] ♪ af-lac ♪ aflac [ male announcer ] find out more at... [ duck ] aflac! [ male announcer.forbusi. [ yawning sound ] >> let's check in with simon hobbs to s
's wednesday, december 12th. look at that shot of new york city. >> wow. >> it's dark at 6:00 on the east coast. welcome to "morning joe." with us on set here in new york city, we have msnbc contributor, mike barnicle. >> in my ear, mika. >> no, he was at the white house. >> i don't understand. where's t.j.? >> he's off today. >> why's that? >> he was busy. he went to the white house. >> that's great. you know, alex went to the white house, too. >> and drove back himself. >> let me get this straight. so alex goes to the white house last night. >> mm-hmm. >> because, you know, right-wing bloggers, we actually -- that's how we get our talking points. they go down -- valerie and david axelrod together make a big pot roast for us. >> mm-hmm. >> and lots of gravy. and we sit around eating it. and i, of course, say okay, give me extra gravy. i'm good with it. >> right. >> best sweet tea i've ever had. >> there's a give and take. >> actually, it was a christmas party. go ahead and do your blog. you sure as hell didn't get mitt romney to like it. they're not attacking me. i wouldn't know. i don't read
in a new york city hotel room back in 2011. remember this? after problems cropped up with her story, according to the prosecutors, the da's office dropped all charges in the case. but she pressed ahead with the civil suit. well, there is a hearing in about 45 minutes that may announce both sides have arrived at a settlement. we'll bring you that news as it happens. ♪ speak speak tongue -- [speaking in native tongue] [laughter] megyn: remember that ad? that's from the 2010 midterms from the group citizens against government waste, and it made a bunch of headlines at the time. recently, china has been on a spending spree buying up american assets. at the top of the hour, we told you about a123 that the feds gave over $100 million to you and now china's buying the company, and we're now told aig -- another company that got a cash infusion -- is selling its jet-leasing business to a group of chinese financial firms. earlier this year the biggest take over of an american company to date, amc entertainment, going to china for $2.6 billion, and in january of this year the chinese company
to pay taxes in that city. you might not like the administration of government, you might not like -- you will pay city taxes or you can move out of the city. you can change the process and get involved in the same way -- stuart: i understand point. [talking over each other] stuart: voting to make michigan a right to work state. that is the democratic process. that is what is happening here. >> these people on lawfully legally expressing their opinion today. we have a mess on our hands. stuart: let me throw this that you. in the last ten years the employment level, the number of jobs in right to work states has gone up 10%. the employment level in non right to work states like michigan has gone 1%. don't you think there's something to be said for being right to work in terms of getting more jobs to your state? good jobs at a toyota or honda? >> there is no more pro-business mayor in the state or the country but i can tell you as you know as a business reporter there tweet types of lies, lies, damn lies and statistics. i didn't make that up but i can show you statistics the other way that
stream together instead of the way things typically are, where it is a particular state or city looking for that. we have seen there is enough interest at 13 partnerships would apply for that. that shows the promise of the strategy, which has been used in germany, of the national manufacturing innovation hubs. that is something we will to promote in a second term and expand further. >> over here. >> thank you. every child matters. i applaud you for your comments about the need not to have less having money for children versus money for research and other vital needs in the domestic discretionary budget. the question is, where do we find more revenue? and have you considered taxes on stock transfers and stock transactions or other kinds of innovative -- carbon taxes, other kinds of approaches where we can find new revenue that it would be possible for us to have amongst ourselves for important resources? >> it is going to shock you to know that i'm not here to make news on a new revenues. we are busy fighting right now to make sure that we have a budget agreement that is very balanced, a
Search Results 0 to 13 of about 14 (some duplicates have been removed)